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Principal Compliance Specialist
Principal Compliance Specialist-October 2024
Riverwoods
Oct 29, 2025
ABOUT DISCOVER
Make a difference working in a culture that thrives on customer-focused innovation.
10,000+ employees
Financial Services
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About Principal Compliance Specialist

  Discover. A brighter future.

  With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

  Come build your future, while being the reason millions of people find a brighter financial future with Discover.

  Job Description:

  The Compliance Vendor Management Team is responsible for supporting the overall Third Party Risk Management framework at the Company by ensuring third parties comply with applicable laws and regulations and by mitigating compliance and regulatory risks associated with third party relationships. In support of the Third Party Risk Management Framework, Compliance Vendor Management must perform compliance due diligence activities for new and existing third party engagements commensurate with the level of compliance risk posed by the third party's services.

  Responsibilities

  • Maintains and enhances department or functional units in support of the overall third party compliance program components.

  • Interprets complex federal, state, and local legal requirements applicable to third party engagements with knowledge to provide effective challenge of linked vendor engagements, as needed.

  • Conducts due diligence activities to ensure a third party's adherence to regulatory compliance requirements and evaluates the adequacy of a third party's business policies, procedures, training and reference materials, system, and manual processes.

  • Assists with the identification and assessment of compliance program risks and controls relative to third party services.

  • Supports management in the development, implementation, and maintenance of compliance programs and a culture of compliance.

  • Assists with the preparation of status reports of program initiatives, activities, and third party compliance issues to management and committees.

  Minimum Qualifications

  At a minimum, here is what we need from you:

  • Bachelor's Degree in any field

  • 6+ years of experience in compliance, law, risk management, or related field

  • In lieu of a degree, 10+ years of experience in compliance, law, risk management, or related field

  Preferred Qualifications

  If we had our say, we would also look for:

  • Master's Degree in Business, Law, Data Analytics, or Risk

  • 8+ years of experience in compliance, law, risk management, or related field

  • Certified Regulatory Compliance Manager

  • JD, CISA, CIPP, CRMP, PMP, RIMS, or similar license/certification

  Compensation:

  The base pay for this position generally ranges between $86,500.00 to $145,700.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

  Benefits:

  We also offer a range of benefits and programs based on eligibility. These benefits include:

  Paid Parental LeavePaid Time Off401(k) PlanMedical, Dental, Vision, & Health Savings AccountSTD, Life, LTD and AD&DRecognition ProgramEducation AssistanceCommuter BenefitsFamily Support ProgramsEmployee Stock Purchase Plan

  Learn more at MyDiscoverBenefits.com.

  What are you waiting for? Apply today!

  All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

  Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)

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